The definitive guide for this pivotal position—helpful to all treasurers and all board members as well. Outlines in detail the duties of the treasurer and offers advice on most types of letters, reports, and tax documents treasurers are required to produce. Also contains suggestions for working with the board and residents, including tips on dealing with delinquencies and record retention. Purchase »

The definitive guide for this pivotal position—helpful to all treasurers and all board members as well. Outlines in detail the duties of the treasurer and offers advice on most types of letters, reports, and tax documents treasurers are required to produce. Also contains suggestions for working with the board and residents, including tips on dealing with delinquencies and record retention. Purchase »

An annual audit is an essential document for every association. An annual audit helps to financially protect management, the association and its board of directors. Even if an annual audit is not a requirement for your association, you should have one conducted every year. Read the Article »

What can be done to fund the significant direct and associated costs of snow removal? Snow removal budget line items, even for an association that aggressively budgeted for a harsh winter, are probably inadequate to cover the snow removal costs associated with these storms. Read the Article »

Have you ever watched an episode of “Hoarders” on the A&E Network? Does this remind you of your association’s office, storage room or basement? Does your association keep every piece of paper because you think you might need it in the future? If your answers are “Yes,” you might need a records retention policy. Read the Article »

It is an unfortunate reality that every Association must find a way to manage delinquent owner balances. Implementing and following a collections policy, and working with management and the Association's attorney will help the Association to collect. Read the Article »

Community associations must recognize that they are businesses and, in many cases, very big businesses. They must recognize this basic fact and adapt themselves wholeheartedly to this concept. Read the Article »

Recent turbulence in the financial markets have placed an even bigger responsibility on those who have volunteered to provide good stewardship of their association’s funds. However, with a solid plan in place, staying on top of the books and the changing market conditions is manageable. Read the Article »